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Connected IO ( (AU:CML) ) has issued an announcement.
Connected Minerals Limited has announced positive results from its Phase 2 drilling program at the Etango North-East Project in Namibia, with 17 out of 23 holes returning economic uranium grades. The results, which include multiple high-grade intersections, reinforce the company’s belief that the geology of Etango North-East mirrors that of Bannerman Energy’s world-class Etango Uranium Project. The company is planning further exploration to expand on these findings, which could significantly enhance its positioning in the uranium market.
More about Connected IO
Connected Minerals Limited is a company operating in the mining industry, focusing on uranium exploration and development. The company is engaged in projects like the Etango North-East Project in Namibia, where it conducts drilling programs to identify and evaluate uranium deposits.
Average Trading Volume: 53,847
Technical Sentiment Signal: Sell
Current Market Cap: A$11.66M
For detailed information about CML stock, go to TipRanks’ Stock Analysis page.